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UK’s Ocado invests $22m in vertical-farming deals

Bloomberg Ocado Group Plc is investing in a pair of vertical-farming ventures as the UK maker of online retail technologies branches out following its mammoth deal with Marks & Spencer Group. The company said it bought a 58 percent stake in Jones Foods Co, Europe’s largest operating vertical farm, based in Scunthorpe, England. Ocado will use its know-how in automation ...

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Japan blames F-35 fighter jet crash on pilot disorientation

Bloomberg Japan believes pilot disorientation, rather than technical problems, caused the loss of one of its stealth F-35A fighter jets earlier this year, Kyodo News reported. Findings compiled by Japan’s Air Self-Defense Force said the pilot was ordered to descend to a lower altitude to avoid a nearby US plane during a training session in April. He responded calmly, but ...

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Amazon pressed over small vendors plans

Bloomberg An influential New York Democrat has written to Amazon.com Inc asking about a report that the company plans to cease wholesale orders from thousands of smaller suppliers. US Representative Nydia Velazquez, chairwoman of the House Committee on Small Business, wrote to Amazon Chief Executive Officer Jeff Bezos asking about the nature of his company’s relationship with small suppliers, whether ...

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